Good point, Binwood. Gold project is still early days and the...

Good point, Binwood. Gold project is still early days and the impact on KRC will be minimal.

Key catalysts will come from :-

- CS/SS on Vanadium
- CS/SS on Fluorite
- Agreement with Strategic Investors

Sale of Fluorite asset or spinoff going to JV may be considered to fund capex costs for Van/Tit. I envisage a similar strategy for Gold project if proven feasible - perhaps a JV with FMG.

The point is that KRC has various options to deal with its assets and to raise funding - in a way, we are lucky as such.

The other important matter, which I have raised before, is KRC must engage a financially strong/established Strategic Investor. Anything less could bring risk to the company and will destroy shareholder value. Am sure TB is aware.